Auto Body Shop
Asking Price: | $980,000 |
Profitable main street business with growth potential!
Asking price is $980,000
SBA Lender Prequalified for $1Million
Thriving Autobody shop located in a prime area of Alameda County, with 8
employees grossing $1.5m and nets $250k per year. Business started by owner 18 years ago, operates on a 10,000 SF building with an open floor plan, plus an additional large outdoor fenced lot that stores up to 30 cars. Facility is ultra clean, outfitted with 1 paint booth, a 2 nd drive-through chamber curing oven, and a paint mixing work booth, plus a large customer waiting area and office. Permits for spray booth operations grandfathered in from start-up 18 years ago.
Seller claims — Monthly Gross: $120,000, SDE: $375,000, Rent $7905 month – 3 years left on lease, with 2 x 5year extension – expires 2037. Payroll: $42K/month excluding owner, Seller willing to train for up to 6 months to help transition Buyer.
Reason for Selling: Retirement